EUR/JPY is showing a potential bearish setup after rejecting the 0.5–0.6 Fibonacci range (183.43–184.23). A confirmed break below the range could open the way toward 182.00, 180.00, and 179.41.
Entry: Wait for a confirmed bearish break/retest below 183.43 rather than entering blindly.
Stop Loss: Above 184.23–184.40 to invalidate the bearish idea.
* TP1: 182.00
* TP2: 180.00
* TP3: 179.41
Risk no more than 1% of your account on the trade.
Consider moving SL to breakeven after TP1 and taking partial profits.
Entry: Wait for a confirmed bearish break/retest below 183.43 rather than entering blindly.
Stop Loss: Above 184.23–184.40 to invalidate the bearish idea.
* TP1: 182.00
* TP2: 180.00
* TP3: 179.41
Risk no more than 1% of your account on the trade.
Consider moving SL to breakeven after TP1 and taking partial profits.
Trade active
Trade closed: stop reached
Join Telegram channel for daily free signals
t.me/+pNdCz04k71tjZTQ0
t.me/+pNdCz04k71tjZTQ0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join Telegram channel for daily free signals
t.me/+pNdCz04k71tjZTQ0
t.me/+pNdCz04k71tjZTQ0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.